StockWatch
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Fertilizers
Award3 Sept 2026, 11:54 am

Kothari Industrial Corp Secures ₹4.15 Cr Food Services Contract

AI Summary

Kothari Industrial Corporation Ltd has received a Letter of Acceptance (LOA) from Puliangudi Municipality, Tamil Nadu, to provide food services under the Perunthalaivar Kamarajar Morning Breakfast Scheme for school children. The contract is valued at ₹4,15,31,817.60 for a period of 3 years. The company has been selected as the Food Service Provider and will be required to furnish a Security Deposit and execute an agreement within a stipulated period before a formal work order is issued. This award is considered a domestic contract and does not involve related party transactions.

Key Highlights

  • Secured a 3-year contract for food services under a government scheme.
  • Contract value stands at ₹4.15 Crores.
  • Awarded by Puliangudi Municipality, Tamil Nadu.
  • Company selected as Food Service Provider for school children.
  • No promoter or related party interest in the awarding entity.